# PPP loan: ALTERNATIVES INC
> **$984K** approved 05/02/2020 · Paid in Full · Loan `9712127310`
## Borrower
- **Name:** ALTERNATIVES INC
- **Address:** 558 MAPLE AVE, CHESHIRE, CT, 06410
- **NAICS:** 621498
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $984K
- **Initial approval:** $980
- **Forgiven:** $995K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $984K
- **Jobs reported:** 140
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*